The Securities and Exchange Commission (SEC) Nigeria has concluded plans to hold an enlightenment programme for staff of the Federal Road Safety Corps (FRSC) nationwide as part of its efforts to ensure the continued enlightenment of investors to enable them take more informed investment decisions.
The programme, which has the theme “Investor Safety” and is to be held across the agency’s 12 Zonal Commands, is expected to hold in Kaduna, Sokoto, Adamawa, Kwara, Bauchi and Plateau states.
A statement by the commission indicated that the enlightenment campaign was organized in continuatuon of collaboration between the Commission and the FRSC to ensure that staff members are knowledgeable about the opportunities available in the capital market.
The SEC’s Director Market Development, Mr. Nestor Ikeagu, had recently explained that such enlightenments were part of the Commission’s determination to ensure that every facet of the Nigerian society has a grasp of the workings of the capital market and its benefits.
According to him, the programme will be held at the six locations simultaneously on Tuesday May 9, 2023 with an expected participation of a large number of officers and it is hoped that these programs will become a continuous feature in the Corps training programme.
Ikeagu reiterated the commission’s commitment to educate all stakeholders in order to encourage participation by local investors in the local capital market, which is currently dominated by foreign investors.
He said: “We will enlighten them on other more profitable investment options available in the capital market so that they can plan as well as educate them on how to avoid illegal fund managers.”
The Director maintained that some initiatives such as e-DMMS, regularisation of multiple accounts, Direct cash settlement, and transmission of shares, among others, were introduced by the Commission were to ensure an investor-friendly and attractive system.
